Daily Deal Activity 06/20/17

Digital Media/Commerce

ecommerce

CVC Capital Partners has acquired Sweden-based online travel agency Etraveli from ProSieben for a reported $566 million. The acquisition will provide Etraveli with the resources for expanding its presence within Europe. Financial information was not disclosed.

ecommerce

Subscription-based travel aggregation app FinalPrice has raised $4 million in a round of funding from Almaz Capital and Sistema VC. The company will use the new round of funding for expanding marketing efforts.

ecommerce

Direct-to-consumer prepared meals company Freshly has raised $77 million in a round of funding from Nestle. The company will use the new round of funding for expanding its geographic presence within the US.

ecommerce, digital video

Online TV service FuboTV has raised $55 million in a round of funding from Northzone, Scripps Network Interactive, 21st Century Fox, and Sky. The company will use the round of funding for expanding into new sports verticals.

ecommerce, mobile content/apps

Subscription-based ride-hailing and public transport aggregation app MaaS Global has been acquired by Toyota Financial Services. The acquisition will provide MaaS with the resources for expanding its presence internationally. Terms of the deal were not disclosed.

gaming

Modern Times Group has acquired Gamestop’s mobile game publishing business Kongregate for $55 million. Kongregate is expected to generate 2017 revenues of $50 million with EBITDA margins of approximately 10 percent, representing a 2017 revenue multiple of 1.1x and a 2017 EBITDA multiple of 11.0x.

niche content

Veronis Suhler Stevenson-backed Access Intelligence has acquired AdExchanger. The acquisition will provide AdExchanger with the resources for strengthening its position in the advertising and marketing technology events sector. Terms of the deal were not disclosed.

niche content

Vice Media has raised $450 million at a reported valuation of $5.7 billion from TPG Capital. The company will use the round of funding for building out its millennial-focused video library while launching new multi-screen programming.

digital advertising

online lead generation

Germany-based mybestbrands, a provider of lead generation solutions for eCommerce businesses, will be acquired by Signa Retail. The acquisition will see mybestbrands integrated into Signa Luxury Marketplace. Terms of the deal were not disclosed.

marketing Technology

crm

Hotel guest management and experience platform Keypr has raised $12.8 million in a round of funding from Karlani Capital and Starwood Hotels. The company will use the new round of funding for platform development efforts.

crm

Event management and sales platform Tripleseat has raised $7 million in a round of funding from Level Equity. The company will use the new round of funding for expanding customer support and sales initiatives.

social technology

Hong Kong-based social media monitoring and analytics company Klarity has been acquired by Meltwater. The acquisition will provide Meltwater with an expanded presence within Asia. Terms of the deal were not disclosed.

traditional media

newspaper publishing

Newspaper publisher Moline Dispatch Publishing will be acquired by Lee Enterprises (NYSE:LEE) for $7.2 million. The acquisition will be complementary to Lee’s local news portfolio. Financial information was not disclosed.

Software

application management

Internet of Things application management platform Carriots has been acquired by Altair. The acquisition will provide Altair with an expanded connected products lifecycle management offering. Terms of the deal were not disclosed.

big data

Decision management solutions company Cosmo Tech has raised $3 million in a round of funding from Sofimax Partners, BNP Paribas, and Aster Capital. The company will use the new round of funding for expanding headcount.

cloud computing, software development tools

Open Source computing language developer Julia Computing has raised $4.6 million in a round of funding from General Catalyst and Founder Collective. The company will use the new round of funding for product development efforts.

data management

Document generation solutions company Xpertdoc Technologies has raised $1.7 million in a round of funding from BDC Capital. THE company will use the new round of funding for expanding its presence internationally.

enterprise mobility

Cloud-based enterprise mobility solutions company Movius has raised $15 million in Series C funding led by PointGuard Ventures with participation from New Enterprise Associates. The company will use the new round of funding for expanding its customer base.

financial

Performance measurement and investment analytics company Investment Metrics has raised an undisclosed amount of funding from Resurgens Technology Partners and HarbourVest Partners. The company will use the new round of funding for expanding its presence internationally.

financial

High performance trading and market data technology company Vela Trading Technologies has acquired futures and options trading analytics company OptionsCity Software. The acquisition will provide Vela with expanded risk management capabilities. Terms of the deal were not disclosed.

healthcare

Large health systems telemedicine platform CirrusMD has raised $7 million in Series A funding from Three Leaf Ventures, Service Provider Capital, and The Colorado Impact Fund. The company will use the new round of funding for sales and marketing efforts.

healthcare

Electronic health records solutions company SigmaCare has been acquired by senior care EHR solutions company MatrixCare. The acquisition will provide MatrixCare with an expanded geographic presence. Terms of the deal were not disclosed.

hr

SaaS-based benefits and human resources platform EaseCentral has raised $6.5 million in Series A funding led by Propel Venture Partners with participation from Freestyle Capital and Transmedia Capital. The company will use the new round of funding for expanding its engineering division.

security

SaaS-based biometric identity platform AimBrain has raised $5.1 million in a round of funding from BGF Ventures, Episode 1 Ventures, and private investors. The company will use the new round of funding for product development.

security

Internet of Things security and risk management software developer CloudPost has raised $4 million in Series A funding led by Wing Venture Capital with participation from private investors. The company will use the new round of funding for expanding operations.

business services

healthcare consulting

Pamplona Capital Management will acquire contract drug research company Parexel (Nasdaq:PRXL) in a transaction valued at $5 billion. The acquisition of $88.10 per Parexel share represents a 28 percent premium to where the company’s stock was trading on May 5th, before reports of a potential acquisition. Parexel has reported LTM revenues for the period ended March 31 2017 of $2.1 billion and LTM EBITDA of $342.8 million, representing an LTM revenue multiple of 2.4x and an LTM EBITDA multiple of 14.6x.

it consulting

Managed security operations services provider MKACyber has raised $4.1 million in a round of funding from undisclosed investors. The company will use the new round of funding for expanding marketing initiatives.

it consulting

IT and managed services provider Quality Technology Solutions has been acquired by Axispoint Technology Solutions Group. The acquisition will provide Axispoint with expanded Microsoft services capabilities. Terms of the deal were not disclosed.

training

CVC Capital Partners has acquired UK-based IT training company QA for a reported $779 million. The acquisition will provide QA with the resources for expanding its presence geographically. Financial information was not disclosed.

About Petsky Prunier
Petsky Prunier is one of the leading investment banks in the technology, media, marketing, eCommerce, and healthcare industries. Our firm's mergers and acquisitions and private placements advisory services reflect a unique blend of product specialization and industry expertise. Together with strategic consulting firm Winterberry Group, a Petsky Prunier company, our organization represents one of the largest industry-specific advisors providing strategic and transactional services. In addition, we offer international reach through our partnership with investment bank Altium, which operates from nine offices across Europe. Securities transactions are processed through Petsky Prunier Securities LLC, a member of FINRA and an affiliated entity.

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